Union Bank has announced a revision to the intimation for the call option exercised by the bank for bond ISIN INE692A08128. The revised date for redemption payment is now set to 09-01-2026, instead of 11-01-2026. The coupon rate remains at 8.64%, with a record date of 26-12-2025. This adjustment ensures timely payment.
Revised Redemption Details
Union Bank has updated the redemption payment date for bond ISIN INE692A08128. The adjustment ensures adherence to business day conventions.
Key Details of the Call Option
Here are the revised details:
- Bond Series: XXVIII
- ISIN Number: INE692A08128
- Issue Size: ₹1000 Crores
- Coupon Rate: 8.64%
- Revised Redemption Payment Date: 09-01-2026
- Record Date: 26-12-2025
If the redemption payment date falls on a non-business day, the payment will be made on the preceding business day. Consequently, the redemption payment for ISIN INE692A08128 will be processed on 09-01-2026.
Source: BSE